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[News, Views and Reviews: Sid Harth] Of Profane, Profuse and Prophesy: Sid Harth « News, Views and ...: “The Indian economy is growing fast and from the present $1.2 trillion, it is expected to become a $5-trillion economy very soon,” Folmsbee, said without specifying a particular time frame while addressing management students at G S College of Commerce here.

[Soutik Biswas' Election 09] BBC - Soutik Biswas's India: India and China: 'Myths' of economic ...: No doubt what has been written about is true to a greater extent.But society and economy are not stagnant.There have been recent changes which I feel indicate tricle down of fruits of liberalization reaching to rural folk of India.Govt writing off of farmers loans has relieved agricultural community along with lower interest rates farmers loans.Continues increase in the price of agriculture produce has resulted in the flow of money from urban areas to the agricultural clommunity.To give a few farmers who got around Rs 800/- per metric tonne of sugar cane is now getting Rs.2000/- and more mainly due increase in sugar prices.Price of tur dal has more than doubled.Milk producion has become dependable and remunerative source of income for farmers.Price of almost all agri products has incresed.Distress has dis appeared in rural area.Farmer is once again smiling.He is now finds it economic to improve land,arrange for irrigation,purchase tractors,purchase land.bring under agriculture uncultivated land.Besides he is seen buying motor bikes,constructing for his and purchsing electronic goods for his personal use.Let us not forget landless agri labourer.His labour his fetching more than double the money than it was a few years ago.Coupled with it Public Distribution system and Rural Employment Gurantee have add to his well being.I know it first hand as I am residing in rural India and as practising agricultrist.The transformation in the rural area will greately add to economic growth in future,Incresed purchsing power of farmer will drive our economy in future.In fact I feel it is happening right now.While appreciating living condions of Chinese people we must also remember the kind horror that was unleashed in the name of cultural revolution and forced,inhuman,autocratic and mechanical transformation in that country.Certainly things are far from perfect in our country.But they represnt birth pangs of a new nation.Being a democrtic country our govt,public, as well as corporates will have to adjust with the needs of the majority of the country men.NDA which pursued economic reforms without caring for common man was shown the door despite corporate and media support.Enginered survey results conducted and publicised could not deter Indian voter from having his say in the formation of the govt.Can we say the same thing in connection with Chinese people?

[The Online Citizen] Fastest growing economy? What about jobs and wages? | The Online ...: The exodus of capital from Singapore in the early 21st century to places like China and India prompted this ever famous motto - why go to China and India if we can bring China and India to Singapore?

[THE TEMASEK REVIEW] UPDATE on Global economies are heading for turbulence, ARE WE IN ...: You can’t ignore the reality of China’s economic slow-down to 10.3% from 11.9% and the slowdown is ACCELERATING as evidence from falling imports of raw materials in official statistics like iron ore and coking coal atop of Chinese Government credit squeeze. You can’t ignore a consistent PATTERN of decline in US housing demand, rapid decline in consumer confidence index and a slowdown in the (otherwise strong) manufacturing sector and you can’t ignore the reality that all those globalised US entities (even those reporting strong results like FedEx, UPS, IBM,etc etc) all report adverse economic performance inside USA and has negative profit guidance for US sales forward.

[monclermenjackets] The United States system is into chaos, during - monclermenjackets: It is because China, India, Russia and other large population countries (the capitalist New World by the international investment bank excited summarized as \However, due to growth and prosperity of the people as a historical norm and is optimistic that: growth and prosperity will be the same as in the past 60 years, as always, continue, the U.S. system, the expansion of more than 60 years, and until recently was promoting global economic growth invisible empire, but may be happening all empires must pass through the fateful break.

[Sistema Limbico] Food, moods, books, articles and more”¦: The researchers surveyed more than 340,000 Americans about subjective well-being, quality of life, and basic demographic factors. People in their mid- to late-50’s were reportedly happier and experienced less stress and worry than adults in their 20’s, regardless of marital status, level of employment, or number of children living at home.

[zero hedge - on a long enough timeline, the survival rate for everyone drops to zero] Here Comes The Real Stress: Only 27% Of China Project Loans To Be ...: The rest of Asia, ie China, HK, Taiwan, Singapore should also be tightening now but are delaying as much as possible, the same way the Fed did, for fear of triggering the implosion of their massive real estate bubbles. In 12 months time, soaring inflation and massive decline in real wages in the latter group would force desperate tightening, crashing their housing bubbles and claiming a few banks along the way.

[Clusterstock] The US Economy Is A Dead Horse And The American People Are ...: So this is unfortunate, but developed countries will get poorer, and the other countries (with similar skill sets, like India and China) will get richer. As long as the standard of living differential exists, US would not get back on the path to recovery.

[Gaea Times (by Simple Thoughts) Breaking News and incisive views 24/7] 91 European banks finally get stress test results after European ...: The worry was the banks were acutely exposed to government debt from the likes of Greece, especially as their finances had already been battered by the deepest recession since World War 2 and exposure to overheated markets such as the Spanish property market. Funding issues arose and many of Europe’s banks became more dependent on emergency funds from the European Central Bank for much of their day to day needs.

[Blog: Kate Moss Dresses] Blog: Kate Moss Dresses » Lincoln Gettysburg Adress: Barack Obama cranked up the presidential outrage over the oil spill in the Gulf of Mexico, demanding to know “whose ass to kick”. BP’s share price, which had already taken a battering, dived to its lowest level in 13 years.

[Gaea Times (by Simple Thoughts) Breaking News and incisive views 24/7] Scientists at Paris forum want to build on atom collider success ...: LONDON - Scientists at the laboratory that operates the Large Hadron Collider (LHC) have said that the giant atom smasher will be switched on again next week. The particle accelerator was shut down for the Christmas period shortly after setting the record for the highest particle energies ever attained.

[Finance Blog] Bond Market Worried About 1930s Echo? « Finance Blog: And I was struck by something I sort of knew, but hadn't focused on: the latest round of oh-my-God-the-bond-vigilantes-are-attacking-gotta-cut is the third such .

[Mises Economics Blog] Hayek Tells Bill Buckley That Even Keynes Was Afraid of the ...: It was this kind of thinking which put the fear of God into Indian policy-makers and Indian economists in the immediate post-World War II period, but the clear thinking of the 1940s and 1950s was soon forgotten, and the emphasis shifted from inflation control to growth. It is ironical that in the recent period there is a unanimous view that we in India should now go for higher growth and not worry too much about inflation.

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